Bitcoin Whales and Sharks Continuously Fuel BTC Demand, Signaling Market Rally

Interest in Bitcoin, the largest cryptocurrency asset remains robust among investors following favorable macroeconomic and market conditions. A strong investor interest signals confidence in BTC’s long-term prospects, which often precedes an increase in prices over some time.

Interest in Bitcoin, the largest cryptocurrency asset, remains strong among investors following favorable macroeconomic and market conditions.

Strong investor interest signals confidence in BTC’s long-term prospects, which often precedes an increase in prices over some time.

Whales And Sharks Continuously Fuel Bitcoin Demand

Large Bitcoin investors and traders have been showing consistent bullish activity, especially in light of recent political shifts.

According to leading data analytics platform Santiment, whale and shark investors are continuing to accumulate BTC at a substantial rate, indicating heightened optimism and demand.

Data from Santiment shows that over 1,002 coins per day have been accumulated by 10+ BTC wallet addresses over the past 5 days leading up to today.

Santiment shared this development as discussion about Donald Trump’s inauguration being a sell-the-news event is gathering steam within the community.

In the ongoing cycle, the cumulative influence of wallet addresses containing 10 or more BTC has notably shifted the direction of the markets.

Furthermore, Santiment outlined 5 distinct cycles, whereby Bitcoin whales and sharks have impacted the market trajectory in the last 6 months.

As seen between July 20 and October 11, 2024, about 164 BTC were acquired daily, triggering a 7.3% drop in prices.

From October 11 to November 5, 2024, over 884 BTC were purchased by whales and sharks per day, which led to a 9.8% price increase.

Also, between November 5 and December 26, Santiment highlighted that accumulation rose to 2,060 BTC each day, triggering a more than 35.8% price spike.

Meanwhile, from December 26 to January 15, 2025, Bitcoin’s price rose by over 6.2% due to these investors accumulating about 156 BTC daily.

From January 15 to the present day, daily accumulation stands at 1,002 BTC, raising the possibility of a notable price increase.

Thus far, BTC’s price has risen by 2.8% since the trend began on January 15.

It is a positive indication that important stakeholders aim to steer market values in the desired direction when they contribute at least 1,000 BTC every day.

Will The Trend Cause A Rally For BTC?

When whales and sharks accumulate BTC substantially, it may be a sign that investors are preparing for a rally, and when they barely accumulate or hold less BTC over an extended period, it might indicate that prices would move erratically.

This raises the possibility of a correction phase due to a lack of large wallet support.

As large investors’ interest remains robust, this persistent accumulation may play a pivotal role in influencing BTC’s price trajectory in the near term.

With prices demonstrating strength reaching a new all-time high a few days ago, extended growth is likely at this point.

Santiment has highlighted this behavior as an important factor to observe in order to make more informed choices in crypto, especially in the ongoing cycle.